Fla. Admin. Code Ann. R. 61G4-15.0022 - Qualification of Joint Ventures

(1) These rules do not prohibit a properly qualified business organization from participating in a joint venture with business organizations which are not qualified; however, only a properly qualified business organization may engage in contracting as defined in Sections 489.105(3) and (6), F.S. A joint venture, including a joint venture composed of qualified business organizations, is itself a separate and distinct business organization which must be qualified as provided herein.

(2) A joint venture, one or more of whose participants are not licensed contractors under Chapter 489, Part I, F.S., may submit a bid on a construction project under the following circumstances:

(a) There must be a written joint venture agreement.

(b) One of the joint venturers must be a business entity properly qualified by a licensed contractor.

(c) Each participant must sign a statement of authority (as set out in Rule 61G4-15.002, F.A.C.) giving the licensed contractor full authority to conduct the contracting business of the participant.

(d) Copies of the joint venture agreement and statements of authority must be received and approved by the Board Office prior to the time of the bid.

(e) If the joint venture is awarded the contract, the licensed contractor must qualify the joint venture within ninty (90) days.

(3) If the joint venture is a limited partnership, the qualifying business organization or individual must be a general partner of the joint venture.

Notes

Fla. Admin. Code Ann. R. 61G4-15.0022

Rulemaking Authority 489.119 FS. Law Implemented 489.105(3), (6), 489.119 FS.

New 5-7-84, Amended 8-12-84, Formerly 21E-15.022, 21E-15.0022, Amended 7-18-94, 12-13-09.

New 5-7-84, Amended 8-12-84, Formerly 21E-15.022, 21E-15.0022, Amended 7-18-94, 12-13-09.